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Techmeme
December 24, 2024, 8:50 PM
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Top News

Bloomberg:
Iran's Supreme Council of Cyberspace approves lifting its ban on “certain widely used foreign platforms”, naming WhatsApp and Google Play as the first two apps  —  - Allowing WhatsApp and Google Play may placate opponents  — Major social networking sites have been blocked for years
Jody Godoy / Reuters:
Filing: Apple asks to participate in the remedial phase of Google's US antitrust case, saying it can't rely on Google to defend their revenue-sharing agreements  —  Apple (AAPL.O) has asked to participate in Google's upcoming U.S. antitrust trial over online search, saying it cannot rely …
Sheldon Reback / CoinDesk:
US and Japanese law enforcement say North Korean hackers were responsible for stealing 4,502.9 BTC, worth $308M, from Japanese crypto exchange DMM in May 2024  —  The $308 million hack of Japanese crypto exchange DMM in May was the work of North Korean hackers, the U.S. and Japanese law enforcement agencies said Monday.
Muyao Shen / Bloomberg:
Hashed: Hyperliquid, the top DeFi derivatives exchange by volume, had $112M+ of USDC outflows on December 23, over concerns of trading by North Korean hackers
Dan Primack / Axios:
Sources: Founders Fund seeks ~$3B for its third growth equity fund; it raised $3.4B for its second growth fund and $1.8B for its eighth early-stage fund in 2022  —  - It also will have access to the incoming White House, thanks to Thiel's longtime support of President-elect Trump and the firm's numerous investments with Elon Musk.
Isaac Schorr / Mediaite:
Elon Musk is one of two paid subscribers of an X account that has implied South Africa was better off under apartheid, slammed “Black ruled” countries, and more  —  Elon Musk, the richest man in the world and advisor to President-elect Donald Trump, is a paid subscriber to a virulently racist X account.
Sheldon Reback / CoinDesk:
Tass: Russia bans crypto mining in 10 regions from January 1, 2025, to March 15, 2031, due to its high power consumption, after legalizing mining in July 2024  —  Temporary bans may be imposed in other regions during peak energy demand, Tass reported  —  What to know:
Pranshu Verma / Washington Post:
Arizona's Maricopa County is set to have the second largest concentration of US data centers by 2028, as the state races to increase electricity production  —  As data centers drain America's power grids, a fierce battle is being waged for electricity.  On Navajo Nation land, many are on the losing end.
Paresh Dave / Wired:
West Bank residents, who have long complained of missing and outdated data on Google Maps, say the Israel-Hamas war has made the app even worse for navigation  —  One user told WIRED that Google Maps directed them to “drive right into a wall that's been up since 2003.”

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This is a Techmeme archive page. It shows how the site appeared at 8:50 PM ET, December 24, 2024.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Financial Times:
Sources: WBD's board wanted a proposal it could sign immediately, and Netflix was the only bidder whose paperwork was fully executable the night of December 4

Isabella Simonetti / Wall Street Journal:
Vanity Fair and Olivia Nuzzi agree to part ways and let her contract expire at the end of the year, following new allegations about her affair with RFK Jr.

Pamela McClintock / The Hollywood Reporter:
A look at Paramount's culture shift under David Ellison, where the focus is on male-driven action movies, and not on prestige films seen as critics' darlings

More News

Maxwell Zeff / TechCrunch:
OpenAI's o3 performance on benchmarks suggests that test-time compute is the next best way to scale AI models, raising new questions about costs and usage

Earlier Picks

Annie Palmer / CNBC:
Donald Trump announces Scott Kupor, a managing partner at a16z, will serve as director of OPM, and Michael Kratsios will serve as the White House OSTP director
Ryan Christoffel / 9to5Mac:
In a viral YouTube video, MegaLag claims PayPal's Honey browser extension doesn't show users the best coupons and deals, and steals creators' affiliate revenue
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